Slashing Student Costs

BookRenter.com’s young CEO is changing the way students get their textbooks.

Buying textbooks, using them for a few months and then trying to sell them back to the bookstore is a frustrating tradition, where students get back only 10 percent of the purchase price or, worse, find out their books are worth nothing. Discouraged students often dump these books, which gave Colin Barceloux, a business student at Santa Clara University, an idea. He scooped up as many discarded books as he could and listed them on Half.com and Amazon Marketplace. They netted him $50,000 in two years.

[Read more at Entrepreneur.com]